I'm not sure specifically as there could be many 'lotm light novels'. It might be about various themes such as adventure, fantasy, or relationships among characters.
Another option is to check in libraries. Some libraries have a growing collection of light novels. You can ask the librarian if they have 'lotm light novel' or if they can order it for you. Additionally, fan communities or forums related to light novels might be able to give you some leads on where to find it.
In my opinion, both have their merits. The anime brings the characters to life with animation and sound, but the manga allows for more imagination and detail in the panels. It really comes down to what you value more in your entertainment.
Bleach is not a novel. It's more famous for its manga and anime versions. The manga format allows for a more visually dynamic and action-packed presentation of the story compared to a traditional novel.
Rukia would probably be very critical at first. Since she is quite serious, she might nitpick the inaccuracies in the fanfiction. But she might also secretly enjoy the ones that show her in a positive light, like those highlighting her friendship with Ichigo. In the Bleach universe, characters are used to their own stories, and fanfiction would be a whole new and unexpected take on their lives. The zanpakuto spirits might also have interesting reactions if they could read, as they have their own personalities and might be offended or flattered by how they are depicted in the fanfictions.